Midwestern State University Foundation

Foundation · Grantmaker Wichita Falls, TX EIN: 75-1101337

To receive contributions by means of donations, gifts, and bequests and to expend such funds for the advancement of the literary, scientific, and other educational endeavors of Midwestern State University, a tax exempt institution of higher learning.

Key facts about Midwestern State University Foundation

EIN
75-1101337
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,825,207
Grants made (2024)
2
Average grant
$1,412,604
Median grant
$1,412,604
Total assets
$79,935,439
Primary geography
Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Midwestern State University Foundation gives

  • Giving grew 122% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$79.9M

+12.1% YoY

Annual Giving

$2.8M

+18.2% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$1.4M

+18.2% YoY

About Midwestern State University Foundation

Based on IRS filings

Midwestern State University Foundation is a nonprofit organization focused on Education, based in Wichita Falls, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $79.9M in total assets. In 2024, it awarded 2 grants totaling $2.8M. Net investment income was $5.2M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 2 itemized 2024 grant dollars.

States

Cities

Wichita Falls

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M20202021202220232024
Metric202420232022
Total Assets$79,935,439$71,288,656$64,205,017
Revenue$6,113,167$6,650,686$4,712,410
Expenses$3,593,533$2,977,854$1,883,229
Qualifying Distributions———
Net Investment Income$5,192,943$2,962,910$3,728,325
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$706K$1M$2M$3M2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Midwestern State University: $2.8M across 2 grantsMidwestern State University$2.8M · 2 grants

Grant Size Distribution

10 grants across all recorded years

<$50K$50–100K$100–250K$250–500K8$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Midwestern State University ($2,825,207 across 2 grants).

RecipientPurposeAmount
Midwestern State University Wichita Falls, TXFunds to be expended on special projects of the University as designated in the fund agreements.$1,910,175
Midwestern State University Wichita Falls, TXFunds to be expended on scholarships as designated in scholarship agreements.$915,032

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Kevin O'ConnellChairman2—
Anthony InmanVice Chairman1—
David WelchTreasurer1—
Teresa CavesSecretary1—
Darrell ColemanTrustee1—
Reno GustafsonTrustee1—
Mac Cannedy JrTrustee1—
Erwin DavenportTrustee1—
Kay YeagerTrustee1—
Martha FainTrustee1—
Butch FordTrustee1—
Brian HookerTrustee1—
Tyrone MooreTrustee1—
Tyler SalesTrustee1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Midwestern State University Foundation?

Midwestern State University Foundation is a nonprofit organization focused on Education, based in Wichita Falls, TX. It holds $79.9M in total assets as of 2024.

How large is Midwestern State University Foundation?

As of 2024, Midwestern State University Foundation holds $79.9M in total assets with $6.1M in annual revenue. It awarded 2 grants totaling $2.8M in 2024.

Where does Midwestern State University Foundation operate?

Midwestern State University Foundation has awarded grants in Texas.

What size grants does Midwestern State University Foundation award?

In 2024, Midwestern State University Foundation awarded 2 grants totaling $2.8M — an average of about $1.4M per grant, based on its IRS Form 990 filings.

What is Midwestern State University Foundation's EIN?

Midwestern State University Foundation's EIN (Employer Identification Number) is 75-1101337. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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